GR

Grindwell Norton LtdNSE GRINDWELL Stock Report

Last reporting period 31 Mar, 2024

Updated 12 Nov, 2024

Last price

Market cap $B

0.698

Micro

Exchange

XNSE - National Stock Exchange Of India

View Section: Eyestock Rating

Grindwell Fair Value

GR

The fair market value of GRINDWELL.NS stock is 1874.09 INR. Relative to the market price of 2120.2 INR Grindwell is overvalued by 11.6%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 11.6%
1 874.09 INR
GRINDWELL.NS Fair Value
2 120.2 INR
Market price of GRINDWELL.NS

Grindwell Valuation

Current GRINDWELL.NS share ticker price is 2120.2 INR.

The fair value level of 1874.09 INR can be considered as an effective entry point for long-term investors to start investing in GRINDWELL.NS stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 12% higher its fair value

Min value

Current price is 46% higher its minimum value

Max value

Current price is 9% lower its maximum value

13.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

GRINDWELL.NS stock is overvalued

It means the current price may concern as a Risky Entry Point

Grindwell Norton Ltd Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

66.84

2

Median P/E over 5 years

54.33

3

Minimum P/E over 5 years

33.46

4

Earning per share (last 12 months)

34.5 INR

Maximum value

1

x

4

=

2 305.78 INR

Fair value

2

x

4

=

1 874.09 INR

Minimum value

3

x

4

=

1 154.17 INR

Grindwell Norton Ltd price metrics

29.68

Annual return (geometric mean)

35.39

Risk (standard deviation) of returns

β

0.46

Beta (volatility compared to market)

It means that GRINDWELL.NS stock is less volatile than the broader market

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View Section: Profitability